Project Progress

Explore crypto news and in-depth articles related to Project Progress, covering market updates, data-driven analysis, trend insights, and key developments to help you fully grasp key information about Project Progress in the crypto market.
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Arbitrum Unfreezes $71M in ETH After Kelp Exploit Recovery Proposal Gains 90.5% Voter Support

According to a proposal co-authored by Aave Labs, Kelp DAO, LayerZero, EtherFi and Compound, Arbitrum's governance voted on May 7 to unfreeze 30,765 ETH (approximately $71 million) frozen after the Kelp DAO exploit. More than 90.5% of voting power, representing 173.9 million Arbitrum tokens, support
ARB-8.65%
ETH-9.6%
AAVE-13.16%
GateNews·05-07 14:08

Manta Network Closes Staking Program, Halts Rewards

According to Manta Network, the protocol is closing its staking program, with staking rewards ceasing immediately. Node operators can withdraw at any time. The project cited concerns that inflation-based yield mechanisms would dilute MANTA holder value long-term. Manta Network plans to transition to
MANTA-8.2%
GateNews·05-07 13:30

CatFee.io Launches Free Telegram Bot for TRON Energy Rental

According to Odaily, CatFee.io has launched a free Telegram bot for TRON energy rental, enabling users to manage energy directly through the messaging app without complex on-chain configuration. The bot supports automated energy management, batch purchasing, and energy distribution. The
TRX-2.78%
GateNews·05-07 10:31

Core Scientific sells $208 million worth of BTC in Q1 and turns to AI: CoreWeave backs it with a 12-year contract

Core Scientific sells BTC worth $208 million in 2026 Q1. In January, it sold 1,900 BTC to fund cash flow for the AI data center transformation and to execute its Q1 liquidation plan. The key highlights include a 12-year CoreWeave contract of about 590 MW covering 5 locations, with contracted revenue exceeding $10 billion, and a 3.0 GW pipeline to strengthen visibility into long-term revenue. Revenue fell 40% year over year over the past 12 months, with a gross margin of 10%. The share price rose on the positive news, with expectations that from 2027 onward, a turnaround will be driven by power on.
BTC-3.19%
ChainNewsAbmedia·05-07 10:23

Financial Supervisory Commission 5/7: VASP bill sent to the Legislative Yuan; 5 banks approve custody of virtual assets; Bank of Taiwan completes a gold token pilot program

The Financial Supervisory Commission’s 5/7 report shows that the VASP Act draft was approved on 4/2 and submitted to the Legislative Yuan. Stablecoins must be permitted, backed by fully reserved assets, must not pay interest, and require regular disclosures. The pilot approval for virtual asset custody has authorized 5 banks, and 8 banks have completed inter-bank gold token clearing. RWA tokenization has completed concept validation in bonds and funds, with a gold clearing proof-of-concept implemented, and it is also advancing FinLLM, post-quantum cryptography, and AI governance.
ChainNewsAbmedia·05-07 06:55

Telegram takes over TON, cutting fees by 6x and driving the token up 24%

On May 7, Toncoin (TON) surged more than 24% within 24 hours, hitting $2.20 and reaching a new high since last November. On Monday, Telegram founder Pavel Durov announced on X that Telegram has become the largest verification node on the TON network, while also stating that transaction fees were reduced by 6 times to 0.00039 TON.
TON-11.05%
MarketWhisper·05-07 06:40
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NEAR adds a post-quantum signature scheme, allowing accounts to complete key rotation in a single transaction

According to a technical article published on May 6 by Near One CTO Anton Astafiev on the official NEAR technical blog, and an official announcement from the NEAR Protocol on X on the same day, the Near One team is adding its first post-quantum cryptographic signature scheme to the NEAR network. According to the announcement, the proposed scheme is FIPS-204.
MarketWhisper·05-07 06:07
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